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    324 E Leatrice Lane

    Anaheim, CA 92802
    • $3,895,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: OC21060855
    UPDATED: 66 min ago
    $3,895,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,036
      SQFT
    • $431
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    324 East Leatrice Lane is an eight-unit multifamily property located in the City of Anaheim. This property has an amazing unit mix of 2 - 2Bed / 1Bath units, 4 - 3Bed / 2Bath units, and 2 - 4Bed / 2Bath units. The complex is situated on a lot totaling 0.25 acres with a central courtyard. Ample parking for the residents and guests, with garage parking, assigned, as well as street parking. This property has undergone a full interior and exterior renovation including new floors, cabinets, and countertops.This property is well situated in central Anaheim near major retail, educational, employment opportunities, and Disneyland. Conveniently located near the I-5 and CA-57 Freeways, allow the tenants to connect with the greater Southern California area and beyond. This offering provides an investor the opportunity to acquire a recently renovated and well-maintained apartment property neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115565957
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    324 E Leatrice Lane Anaheim, CA 92802

    • Price: $3,895,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: OC21060855
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    9,036
    SQFT
    $431
    $/SQFT
    1963
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    324 East Leatrice Lane is an eight-unit multifamily property located in the City of Anaheim. This property has an amazing unit mix of 2 - 2Bed / 1Bath units, 4 - 3Bed / 2Bath units, and 2 - 4Bed / 2Bath units. The complex is situated on a lot totaling 0.25 acres with a central courtyard. Ample parking for the residents and guests, with garage parking, assigned, as well as street parking. This property has undergone a full interior and exterior renovation including new floors, cabinets, and countertops.This property is well situated in central Anaheim near major retail, educational, employment opportunities, and Disneyland. Conveniently located near the I-5 and CA-57 Freeways, allow the tenants to connect with the greater Southern California area and beyond. This offering provides an investor the opportunity to acquire a recently renovated and well-maintained apartment property neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.
    Exterior Features

    Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Open Parking Spaces 8 Parking Features AssignedAsphaltConcreteGarageOne Space Parking Total 14 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Appliances Gas RangeRange HoodWater Heater Common Walls 1 Common Wall Flooring Vinyl Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.01 Common Interest None Community Features CurbsGutter(S)SuburbanSidewalks Contingency Do Not Disturb Tenants. Drive By Only. Inspection Upon Signed Purchase Agreement Current Financing None Electric Expense 0 Fuel Expense 482 Garage YN Yes Gross Income 266556 Gross Scheduled Income 266556 Insurance Expense 4140 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 5472 Net Operating Income 194999 New Construction YN No New Taxes Expense 43214 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 66560 Other Expense 1300 Property Condition Turnkey Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Actual Rent 22088 Trash Expense 1162 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 7997 Water Sewer Expense 1162 Water Source Public

    Listing provided courtesy of Mark Bridge of Mark Bridge, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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